There are many petterns. So far, this looks more like a zig-zag, instead of a flat.
Of course, no one can 100% predict market, otherwise we all be ziilionare:) So, we want to continue to watch price action and see if a different pattern fits closer.
Elliot wave requires something like 6-9 months of study to get a hang of it. Once you master it, I promise your return will jump by magnitude.